Whales Scoop Up TRUMP Crypto, but Signals Shows No Breakout Yet

Key Insights:

• A whale withdrew 200K TRUMP crypto from OKX after accumulating over $5.3M in tokens — but is still underwater.
• Price broke above a descending triangle, but the move lacks momentum and sits near resistance.
• Exchange netflows have turned positive, suggesting rising sell pressure, not fresh demand.

The TRUMP price is showing signs of life, but it’s not out of danger yet. The official Trump token has bounced off support after a long downtrend, and one major whale just added more to their bag. But with tokens moving onto exchanges and momentum still weak, the crypto token’s price may be rising on shaky ground.

TRUMP Crypto Price Breaks Out, but It’s Not a Clean Rally Yet

TRUMP has broken out of a descending triangle on the 4-hour chart, a structure that usually signals weakness. But this time, the price moved above the upper trendline, triggering early bullish hopes.

Still, the move hasn’t followed through with strength. Price is struggling around $8.50–$8.60, and resistance builds up around $8.85 to $9.06, as shown by the recent Fib levels.

These levels are based on Fibonacci retracement, a tool crypto traders use to identify where the price might stall or bounce during a trend. It works by mapping percentage-based pullbacks from a major move; common zones include 0.382, 0.5, and 0.618, which often act as hidden support or resistance.

In TRUMP’s case, the Fib levels align with overhead resistance, adding more weight to this range. If TRUMP loses current support, $8.16 is the next key level, and if that fails, the token could revisit its June lows near $5.75.

Whales Are Active, but Their Crypto Holdings Are Still in the Red

Onchain Lens data suggest that one large whale withdrew 200,000 TRUMP (~$1.7M) from OKX just before the breakout. That same wallet has accumulated 625K TRUMP (~$5.3M) over the last 40 days. But here’s the catch: they’re still down nearly $900K in unrealized loss.

This behavior could mean two things: they’re committed long-term and see this as a bottom. Or they’re prepping to sell into the next rally. Either way, the timing of that withdrawal suggests they’re watching this level closely.

Whale wallets often act as sentiment anchors: when they move size during uncertain trends, it reflects a shift either in conviction or exit planning. Tracking such large wallets can give early hints about potential market direction.

Exchange Netflows Flip Positive, But That’s Not Bullish

TRUMP’s netflows turned positive on July 8, meaning more tokens are being sent onto exchanges. This often means crypto traders are getting ready to sell, not buy.

In previous rallies, TRUMP saw net outflows, a sign of accumulation. Now, with inflows rising and prices stalling, it looks more like holders are preparing to exit into strength.

Exchange netflows are often a leading signal; rising inflows usually precede local tops as crypto traders rotate from wallets to exchanges to secure exits.

TRUMP Crypto Funding Rate Just Turned Positive; Barely

TRUMP’s funding rate flipped slightly positive at 0.0064% after weeks of sitting negative. Normally, this would suggest a turn in sentiment. But it’s barely above zero, not enough to show confidence.

If funding turns negative again during this consolidation, it will confirm that short traders still control the bias.

Funding rate reflects the cost to hold long or short positions, and when it hovers near zero, it usually signals indecision or lack of strong positioning from either side.

The breakout mentioned earlier above the triangle got attention. Whales are still here. And funding is showing a flicker of life. But there are still too many signs saying “not yet”:

Unless the TRUMP crypto price can close above $8.85 with real volume and hold $8.50 as support, this may just be another fake breakout.

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